FDIC Investigates Voyager’s Claims About Customers’ Funds Covered by Deposit Insurance: Report

Shortly after filing for bankruptcy, embattled cryptocurrency brokerage firm Voyager Digital has reportedly come under scrutiny from the U.S. Federal Deposit Insurance Corporation (FDIC) for claiming that funds were FDIC-insured. According to the Wall Street Journal on Thursday (July 7, 2022), anonymous sources revealed that the FDIC is probing Voyager’s marketing. A statement on the … Read more

Celsius Slammed With Fraud Lawsuit From its Former Money Manager

Struggling cryptocurrency lending company Celsius has been accused by staking software firm KeyFi, of fraud, mismanagement of customers’ deposits, and failure to honor an agreement between both parties in a lawsuit filed in New York. Lawsuit Accuses Celsius of Operating a Ponzi Scheme Jason Stone, the founder of KeyFi, alleged that Celsius used customers’ funds … Read more

BKEX Review [The Ultimate Guide 2022]

Bkex Pros Low Trading Fees and No Deposit Fees Mobile Apps Available 24/7 Support via Online Chat Service Two-Factor Authentication A Wide Range of Supported Cryptocurrencies A Wide Range of Trading options – Spot, ETP, Financial, Smart Pool, and Derivatives Trading Bkex Cons US Residents Are Not Permitted Limited Withdrawals Without KYC, You Can’t Withdraw … Read more

Solana vs Еthereum [The Ultimate Guide 2022]

Decentralized finance, or DeFi, has revolutionized business and unlocked new value across every industry sector. However, significant problems have emerged with blockchain technology, hindering the unlocking of the full potential of Web 3. Vitalik Buterin, the Ethereum blockchain co-founder, has postulated a so-called “blockchain trilemma,” meaning a blockchain is unable to deliver decentralization, scalability, and … Read more